Uzbekistan: Self-Propelled Boring Machinery Market 2022

Self-Propelled Boring Machinery Market Size in Uzbekistan

The Uzbek self-propelled boring machinery market skyrocketed to $X in 2021, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a resilient increase. Self-propelled boring machinery consumption peaked in 2021 and is expected to retain growth in the immediate term.

Self-Propelled Boring Machinery Exports

Exports from Uzbekistan

In 2021, shipments abroad of self-propelled boring or sinking machinery decreased by -X% to less than X units, falling for the third consecutive year after seven years of growth. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, self-propelled boring machinery exports fell significantly to less than $X in 2021. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for self-propelled boring machinery exports from Uzbekistan, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Turkey totaled -X%.

From 2012 to 2020, the average annual rate of growth in terms of value to Turkey totaled +X%.

Export Prices by Country

In 2020, the average self-propelled boring machinery export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2020, the rate of growth in terms of prices for Turkey amounted to +X% per year.

Self-Propelled Boring Machinery Imports

Imports into Uzbekistan

Self-propelled boring machinery imports into Uzbekistan skyrocketed to X units in 2021, with an increase of X% compared with the previous year's figure. In general, imports recorded a resilient increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, self-propelled boring machinery imports surged to $X in 2021. Overall, imports continue to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Russia (X units) constituted the largest self-propelled boring machinery supplier to Uzbekistan, accounting for a X% share of total imports. Moreover, self-propelled boring machinery imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. The third position in this ranking was occupied by China (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and China (+X% per year).

In value terms, Russia ($X) constituted the largest supplier of self-propelled boring machinery to Uzbekistan, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and China (-X% per year).

Import Prices by Country

The average self-propelled boring machinery import price stood at $X per unit in 2021, reducing by -X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform